S&P Global Ratings assigned its 'AA+ (sf)' rating to Freddie Mac 's anticipated $310.143 million series 2026-ML-35 class A-US and class A-USM multifamily ML structured pass-through certificates (SPCs) sustainability bonds. The outlook is stable. NEW YORK (S&P Global Ratings) May 29, 2026--S&P Global Ratings today took the rating actions listed above. We have analyzed the transaction's environmental, social, and governance factors relative to its legal framework, operational risk framework, cash flow, and enhancement; we view them all as neutral in our credit rating analysis. The stable outlook primarily reflects our view of Freddie Mac's guarantee on the SPCs and the transaction's legal and operational risk framework. The outlook on Freddie Mac is commensurate with that on the U.S. sovereign rating.
